The Problems with Negative News Batch Screening

Posted by & filed under Negative News.

In 2005 I was the AML Officer for Riggs Bank overseeing an AML team and hordes of consultants.  Riggs was caught up in a whirlwind of regulatory, law enforcement and Congressional investigations.  Selling the bank was the only option, and before approving any sale, the regulators wanted a bunch of projects completed. One of the… Read more »